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BUSINESS

Revival of the equity method in separate financial statements

Business, PwC Thailand, Published on 22/05/2017

» Businesses face a range of challenges to achieve sustainable and profitable growth. One survival strategy is to invest in other companies, or conduct mergers and acquisitions. This can help a business to expand its markets, reduce competition and costs, acquire new technologies and skills, and diversify its products, services and long-term prospects.

BUSINESS

Proposed changes in corporate tax filing raise questions

Business, PwC Thailand, Published on 12/06/2017

» What if a company were required to file a corporate income tax return for each place of business using the same method as for filing a VAT return? As provocative as it sounds, the question is no longer hypothetical.

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BUSINESS

Do you really have corruption under control(s)?

Business, PwC Thailand, Published on 10/04/2017

» Internal controls are a critical but still poorly understood component of any anti-corruption programme. According to the 2016 Thailand Economic Crime Survey by PwC, 80% of companies in Thailand say they have a formal anti-corruption programme in place and 68% rely on internal audit to ensure the effectiveness of their anti-corruption controls.

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BUSINESS

The morning after your major acquisition …

Business, PwC Thailand, Published on 24/04/2017

» Yesterday was one of the key highlights in your career as you closed the biggest acquisition in your company's history. The acquired business is only slightly larger than your company by revenue, but has 20% fewer employees. The market anticipates that the new enlarged group will grow by more than 150% from product extensions, cross-selling, and the key talent in the management team at the acquired entity.

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BUSINESS

Combating synthetic identity fraud

Business, PwC Thailand, Published on 08/05/2017

» While Thailand is on track to fully adopt Europay, MasterCard and Visa chip cards (EMV) by the end of 2019, bankers are anxiously anticipating a new dawn of online fraud triggered by identity and card-not-present transaction scams, as well as so-called sleeper fraud and account takeover. Lessons learned from early adopters such as the UK, Australia, and Canada shows a sharp decline in counterfeit card fraud. But the good news ends there. Application fraud and online fraud increased by 80-100% in a three-year period following EMV; and since EMV launched in the US through the last quarter of 2016 e-commerce fraud rose 42%.